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Austria: Budget Accompanying Act 2027-2028 passed by Parliament

Tax measures include corporate income tax rate increase.

July 31, 2026

The Austrian Parliament the Budget Accompanying Act 2027-2028, which includes the following changes to corporate taxation, shareholder clearing account rules, and valuation provisions:

  • Increase in the corporate income tax rate to 24% (beyond standard rate of 23%) for the portion of a taxpayer’s income exceeding €1 million, for financial years beginning after December 31, 2027
  • Expansion of shareholder clearing account regime to cover related persons and indirect shareholdings, introduction of €50,000 threshold regardless of ownership percentage, and delay in the deemed dividend distribution trigger until after approval of the annual financial statements
  • Amendments to valuation rules allowing fair market value determinations based on a single comparable share sale under specified conditions, while retaining the intended application of the new valuation provisions to transactions valued after June 10, 2026


For more information, contact a KPMG tax professional in Austria:

Markus Vaishor | mvaishor@kpmg.at

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